Personal Finance and Investing
In reply to the discussion: Mailed my taxes 9 weeks ago, still no #2 or #3 Stim checks and no refund [View all]bucolic_frolic
(50,323 posts)Where's my tax refund? Americans face delays as IRS holds nearly 30M tax returns for manual processing
https://www.usatoday.com/story/money/2021/04/23/stimulus-check-update-2021-tax-refund-delay-covid-relief-payments/7344076002/
Why is it taking so long to get tax refunds this year?:Some are taking the IRS 6-8 weeks in 2021
Of the nearly 30 million returns being held for manual processing, more than 8 million individual returns were in “suspense” status awaiting review and manual processing, as of the week ended April 9.
Why? The $900 billion stimulus package signed into law in December, known as the Consolidated Appropriations Act of 2021, didn’t leave the agency enough time to prepare for some of the tax code changes before the delayed filing season began Feb. 12.
With the COVID-19 pandemic shaking up nearly every aspect of life in 2020 and into 2021, the Internal Revenue Service opted to push back the federal tax filing deadline. Instead of April 15, federal taxes should now be completed by May 17.
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An additional 3 million being reviewed are individual 2019 and 2020 paper returns. Plus, 7 million more individual returns have processing errors or fraud identification issues requiring responses from taxpayers. And another 11 million business and other returns have been held for manual processing.
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So there's a gap a mile wide between what they are telling us for PR purposes - use Get My Payment - and what is actually going on in the processing.
The press seems to visit this subject about every 4 weeks. As time moves along the backlog gets bigger and bigger. Seems to me there was an interview with the Taxpayer Advocate in Feb or early March that said they had like 10 million paper returns to process, everything is stored in trailers, and they have to work through them. Now it's 30 million plus 11 million business returns!
The first stim check I had in a week by direct deposit. Don't understand why #2 wasn't just as simple for them, none of my information has changed.
I wonder if the Trump IRS guy didn't flood the system with petty audits so the Big Fish could skate.
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